1931-08-28 — Page 2

BANKS

'HONG KONG AND SHANGHAI BANKING CORPORATION:

Amikorized Capital an

** 950,000,000- Evened and Fully Faid-up. 138,309,2000 Becerra Funda :-

Weltag

# 2,600.000 $10.99,902

Mocurre Lahay si Propriators, ... $38,496,000 EKAD ICE: HONG KONG.

BOARD OF DIRECTORS 2—

El Mr... D. 8. Maste.. Dundrazen

Hon Mr. J. J. Puteraza, Deputy Chairman.

Kvk. Mr. L 5. Bell, T. Pares, Beg

... Compton. Eng. J. A. Plummer, DI

18. Lander Lawin, Z95. T. B. R.'Shaw, Bas.

Gă, Miskin. „B+4.

AMOY

J, P. Warren, Muq..

Chief Meanger.

V. K. Graybarn, See

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

CANTON

FIFI FOO

COLOMBO BAIBEN

HAIPHONG

BRANCHES:-

LONDON

LTONA

MALACCA

MANET.

MUAB (Jokatsi

MURDER

-NEW-YORK

PEITING

РЕМАНА

HANGOON

BALDON

BAN VRANCION

BANGE

BINGAPORE

CAMBUBO

ΠΑΝΚΟΡ

BLABSIN

HONOKZW

PUB

KIKORR

GOTHABATA "BUNDEL-PATANI

TIENT IN TOKYO

TAINOTAÐ YORDUAMA

KOB

KOWLOON

KLALA LUMPUR

Qurres Anounța opstel in Local Curranay 41 Pized Depolis iad for an EU skarte periode in Local Currency and ring Which we be quoted on application.

Gong Kung. 2012 February, 101,

HONG KONG SAVINGS BANK.

The Buslow of the abers Bank is sondres.

ed by the HONG KONG AND SHANGHAI WANKING CORPORATION. Euler may be abiained on application.

FOR THE TONGKONG AND SHANGHAI DANKING CORPORATION.

H.GRAYDURN,

dong Loug. 16lb July, 1990.

Chief Mar.

THE BANK OF CHINA. 行銀國中

Reorganised October 26, 1928, under

special charter of The National Gov-

·ernment as zu

. INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital....$25,000,000.00

Paid-Up Capital

Reserve Funds

.$24,710,200,00

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853.

THE

CHINA

MAIL.

THE HO HONG BANK, LTD.

(Established 1917.).

HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 13, Queen's Hd. C.

4,000,000

Authorised Capital Straita $20,000,000 Issued Capital

8,000,000

Paid-up Capital ...

4,000,000

Reserve Liabilities

HEAD OFFICE: LONDON.

of Shareholders

1

Surplus

Paid-up Capital

.£3,000,000

Reservo Fund

.£4,000,000

Reserve Liability of Pro-

paletora

.£3,000,000

Agencies and Branches:

ALON STAR

AMRITSAR BANGKOK BATAVIA

CALCUTTA

HOIN TO

САНХРОНЕ CEBU

COLOMBO DAIBEN DELLI KAIPHONG DAN BURG HANIOW HARNIN

HONG KONG ILOTLO

КАПАСПІ

KLANO

KOBE

KUALA KANOBAR

KUALA LUMPU

KUCHING

MADRAS

MANILA

MEDAN

NEW YORK

PEPING LINKing)

PENANO HANDOON BATQUIN SEMAKANU SEBEKDAN BHANGDAL GINGAPORE

MITLAWAN BOURABAYA

TAIPINO

TONGKAH (15hukas)

TIENTSIN

TOATO

TBINOTAD

YOKOHAMA

ZAMBOANOA

Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fix

ed Deposits received for one year or shorter periods at rates which will be quoted on application.

J. STUART,

-Manager. Hong Kong, 17th August, 1931.

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

(HETHERLANDS TRADING 8001ETT)

DANKENR

Estabilsked 189. Keng Kong Ofis kl, Queen's Hood Charl

Authorland Capital Golden 180,000,000-

(813,800,000.) Fald-Up Capital ............................ Gliders 20,000,000 (0,048,579) Resorts Fund

Quilders 10.818,00

(43,334,600,

Feed Zanter

M-AMSTERDAM” Hand Omon:-BATAVIA.-

·BUANCHES –– Bandjarmasin, Bardowns Bembey, Calcutta, Charlbon, Djembar, Djok Jakarta", The Engin", Jaddah, Kõbu, Koše Radio, Makasanı; hivdan, Tadaog Palembang. Pakalongan, Hasag Pootisak Bangoon, Boiledam". Esmerang"," Shanghai, -Ribelge (Bamais) Blapore Bourabaja, Bosskarta (Holo). Togal, Tifinjay anź Waltevreden.

.$ 1,820,503.82-

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4, Queen's Road Central.

Owing to our numerous branches in China and large connections in the im- portant commercial centres of the warld, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.

We also handle the issue of Bonds. and ather Publie Funds of the Chin- ete Government both at home and abroad.

SHOU J. CHEN,

Manager.

Hong Kong, 5th March, 1991.

THE BANK OF CANTON, LTD.

Established 1912.

Head Cce:-Hong Kong. Make Capital (5.K. Durenney) $11,000,000 Paid-Up Capitalen 6165,800 Ceserva Fund.....

BRANCHES

.................1.100,000

Oneto, Shanghai, Hathon,Ruston, Bangkok, New York and Bam is.

UGARESPONDENTS

LONDON BANKERS —

The Lloyd's Bank, Limited

In all pasapi aliion of the World.

Forsign stonings and backing,budness of wery description sennanoted.

Deponis Boxes (various glass) as a yearly

watel of from 5 to $10.

LOOK POONG SHAN,

Chief Manager.

* Times Dākos karo este deposi· boxer in fat. Landon Bankers?—National Provincial Bask Lid. Correspondents all over the world

Binting businom of every

description trannie).

A. STOKKINK.

Kong Kong, 18th August, 1300.

THE

Manag

AMERICAN EXPRESS COMPANY,

INC.

Head Office: 65, Broadway, New York.

Ca] Su.,ius Reserver

Amsterdam

A) WORD

Askatu

.U.S.$6,000,000 .U.S.$1,672,454 .U.S.$1,008,209

“BRANCHES:~~

Deile

Berlin

BAPTİM

Breman

Bunson Abra

Genna Glasgow Havra Hamborg HAYY Interlaken Seraalas Lido London Liverpool

Calre

Calcott

Cannes Uplombo

ممتعة

Lagano

Marne Constantinople More Carlo

Copenhagen Macila

Edinburgh

Fioren th+Th

Munish Montenut

Ma

Nis Nipple

Paris Tanning baking Palerie Rotterdam Roma Bamboul Shangha

Champ Bangspare

dis, Korisa

Timila

Vista

Truck Inkobama Burlon

Branches of American Express Company la Principal cities of Unit od States of America and Canada.

All clauses of Commal Banking Transactions undertake...

Personal

handled.

investment scconats

The Company offer to intending Travellers the use of its "Travelers Cheques" and Letters of Credit and, THE YOKOHAMA SPECIE BANK, in addition, the world-wide services of its thoroughly equipped Travel Da.

LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Yen 115,000,000 Reserve Fund

Head Office:-YOKOHAMA,

Branches, and Agencies ats

Alexandria

Batavia

Berlin

Bombay

Calcutta

Cinton

Changchun

Nagasaki

Nagoya Newchwang

New York Diaks

Paris

Pelping

Khairen (Usiny). Rangoon Feagtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin Hoar Kong

Honolulu

Kal Yuen

Karachi

Kobe

San Francisco

Seattle Semarang

Shanghai Shimonoit

Singapors Soarabaya

Sydney

London Fan: Tientals

Los Angeles

Manila

Tokyo Taingtau Interest allowed on Current As

received, Zori

"We obtained

pplicati

Hong Kong, 10th July 1941,"

partment.

Afiliated with

THE CHASE NATIONAL BANK

Resources

Over G$2,500,000,000,

and

Commerce

Finance

2,887,900 WORLD ECONOMIC

BALANCE-SHEET.

Branches, Agencies and Correapon.. dents in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

Manager,

BANQUE DE L'INDO-CHINE.

HEAD. OFFICE:

16. Boulevard Haussmann, Paris.

Subscribed Capital Fra. 72,000,000.00

Bangkok

Hong Kong Quichon Battambang fue Gantho

Canton Ng.Dinh

Djibouti NumeД

Heavy Items on Liability Side.

by

YORK'S NEW INDUSTRY.

Buttons Made from Milk,

of

A factory has been established in The bulletin published

manufacture the Swiss Bank Corporation con-York, for the tains a concise survey of factors' buttons, buckles, combs, and cog dominating world conditions. The fate ornaments. This factory is

Saigon Shangba!

made on the part of the United in Singapore

Staten.

the After calling attention to

of the immense. natural resources

Thanba

Tientala Peking Tourans PnomPenh Vinh

Fort Bayard Fapeete Biyaoug Bankow Banol

concentrate

FRIDAY, AUGUST 28, 1931.

NEW ZEALAND FORESTS.

WORLD OUTPUT OF MOTOR VEHICLES.

Notable Achievement in the U.K.

Fifth Annual Report of Forestal Timber Co.

The fifth annual report of the The Board of Trade Journal re- cently published some interesting Forestal Timber Co., Ltd., of Auck- figures showing the world produc-land, New Zealand states:- tion of motor vehicles in 1930 in The total area now planted is

with comparison

1929.

These the same as shown in the previous. statistics have been compiled main- report, viz.. 1,726 acres, of which ly from the United States Com-1,429 acres belong to the holders merce Report, but the United King-of fully-paid bonds and 303 to the dom figures showing the provisional company. The total number of results in this country for 1930 and fully-paid bonde is as under:-- 1,408-1,408 acres, output for 1929 were provided by Series "A" the Society of Motor Manufacturers Series "B" -15 acres; 1.423 acres. and Traden. The figures only re- In December, 1930, the plants-

countries.

A very

late to complete vehicles manufaction was inspected by an officer of tured by companies strictly national the State Forest Service, who re- Pald-Up Capital ...Frs. 68,400,000.00 article appears to have been written practically ufiique, for not only does in character and not to the output ported that the trees, particularly plants in various the two-year stock planted in 1925, Reserve Funds Fra102,000,000.00 just prior to the announcement of it manufacture the finished goods, of assembly

BRANCHES:

the Hoover debt scheme, and most but makes the raw material from

were showing vigorous growth,' so On the basis of these figures, the far as the higher levels were con- opportunely pointed to the urgent which buttons and other articles necessity of some such move being are made. Other factories engaged decline, in the United Kingdom in cerned, but a number of trees on

the industry

on 1930 in the production of motor the lower levels had died owing to either the raw material or the vehicles

in comparison with the frost. Taken as a whole, he said finished articles.

The skimmed milk from which preceding year was less than 1 per the plantation presented

cant., against falls of 37.6 per cent. pleasing sight. world and the great asset repre- the raw material is made produces in the combined total for the United Acting on his advice, the 1928 sented by human energy when pro-a powder which is mixed with dyes States and Canada, of 10.5 per external fire breaks have been re- of heat takes up cent. for France and of 13.6 per ploughed and double disc-hurrowed, IN FRANCE: Comptoir National perly directed, the writer points and by means d'Escompte de Paris; Credit Lyonnais; out that the apparatus of produc- sheet form. The sheets

producers together recorded a de- which were re-ploughed last year.

pointed out in the Board of Trade Journal that on the assumption that the figures for France in 1980 were substantially correct. the United Kingdom In that year gained the first position amongst producing countries in Europe..

Pondichery Tannenfo BANKERS:

ure. im-

_Banque,_de_Poris et des Pays-Bastion is intact all over the world pregnated with formaldehyde which, cent. for Germany. All the other while the 1927 external firebreaks,

and has never been in a better state by hardening, renders them crease of 23.2 per cent. It is have all been double disc-harrowed"

Credit Industriel et Commercial; So-

dece Generale.

IN LONDON: The National Provin- ma & Union Bank of England, Ltd.; Comptoir National d'Escompte de

Parts; Credit Lyonnaiz.

IN NEW YORK: J. P. Morgan. Co., French American Banking Cor. paration; Guaranty Trust Co. of New York.

.

than it is to-day.

Unfortunately, the spirit of solidarity is often lacking, in spite of the natural interdependency of nations, and better mutual under- standing is necessary.

One item of liability, the im-1 portance of which we might em. Ac-phasise, since it is very often over- looked, lies in the fact that many States. In spite of heavy losses in capital value, etc, have financed and

interest allowed on Current counts and Fixed Deposits according and

is arrangements.

Every description of Banking Exchange Business transacted. Safe Deposit Boxes to let.

A. "BONNAUD,

Hong Kong, 1st May, 1931.

Manager

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York.

Capital, Surplus and

Undivided Profits U.S.$226,087,892

Branches in...

ARGENTINE LUNDON

BELGIUM

BRAZIL CHILE CHINA COLOMBIA CUBA DOMINICAN

REPUBLIC

INDIA ITALY JAPAN

MEXICO

PANAMA

PERU

PHILIPPINE

ISLANDS

PORTO RICO

STRAITS

SETTLEMENTS

URUGUAY.

VENEZUELA

Commercial and Travellers' Letters of Credit, Travellers Cheques, Bul of Exchange and Cable Transfers Current accounts bought and sold. and Savings Bank accounts opened and Fixed Deposits in local and for eign currencies taken at rates that may be ascertained on application to

the Bank.

We are also able to offer our Cus tomers the services of the Branches of the International Banking Corpora- tion in San Francisco and Spain and also of The National City Bank of New York (France), SA in Paris

F. McD. COURTNEY,

Hong Kong, June 16, 1981,

and Nice.

Manager.

·HEAD OFFICE:-Talpsh, FormURE,

Incorporated by Special Imperial Charter, 1899.

ure

un

responsive to climatic conditions.

The present weekly output of 10,000 buttons, it is anticipated. will be considerably increased.

HISTORIC COMPANY.

Closing of the Burma

Ruby Mines.

With, the closing of the Burma still financing their poorer Raby Mines, Ltd., these disappear- neighbours-among others, Sovieted on June 30 the oldest mining Russia, with the single intention of concern in Burma. selling her products on favourable

After many vicissitudes this conditions-und this Bnancing

historic company,

whose initiation being done with means which are

was one of the events arising out of obtained on very onerous condi-

the last Burmese war and the fall tions.

of King Thibaw, has succumbed to Two further Important liability the present depression of trade, Items are the problems of re-and has surrendered it lease to the parations and the question of inter-Government.

SCIENTIFIC HISTORY.

It has

been

Ally debts, and it is suggested that Its inception dates from a period a new Reparations Conference 42 years

when gold and 3go would seem to be in the interests of diamonds in Africa. were inviting all.

speculation, and when the prospect of untold wealth lying in the my sterious ruby and sapphire mines. of Mogok in Upper Burma fred the public imagination to. auch an one of the con- extent that there was almost a riot veniences of the chronicle type of in St. Swithin's Lane when ap political history that it has had publication forms were issued to mainly to concern itself with people cager investors. of some prominence in the times with which it was concerned. No ed, and though the company has such easy hath can be followed in paid a few dividends, and has pro- scientific history. As Dr. Charles duced geme to a total value of Singer said in his opening addreas £2,359,140, it has met with many to the Congress on the History of, difficulties, and is regarded as a dis- Science and Technology now meet-

appointment. ing in London, the greatest ́events. in history were the advents of ideas; of Incidents, not the occurrences

Those dreams were never fulßll-

Heavy Royalties.

Rubles and sapphires do indeed and to trace the course of ideas exist, and Mogek produces the particularly scientific Ideas-through finest and largest of both, but the from water-logged the centuries, is a matter requiring extraction.

not only laborious research, but a gravels and clays has entailed heavy. The capital (£300,000) high order of scientific skill. The expenses. great names In the history of was insufficient, and the Royalties science had no monopoly in origin- (Rs. 4 lakne a year while they were ality or Industry and if the tangled paid) were too high.

The crowning blow was the history of some of the common-

1908 slump of THE BANK OF TAIWAN, LTD. | plates of scientific thought of to-day American trade

(TAIWAN GINKO.)

could be traced in all its ramifica-after which the price of rubies tiona, it would probably be found never recovered, and this disaster! that vital steps, or suggestive was followed by the scientific pro- ideas, were provided by men whose duction of synthetic rubles which, names have long been unknown, though they failed to sell as real some of them, perhaps, compara- rubies, yet ruined the ruby trade.

The war was another blow, and tively small men, but who, none the less, contributed their small share the company went into voluntary towards the final genéralisation. liquidation in 1925, this period be- Scientific history of this kind de-ing prolonged by the discovery of mands labour and enthusiasm, and a rich pocket of sapphires which is little likely to be undertaken on enabled work to continue, though any important scale in the absence the hoped-for purchaser of the pro- of a reasonably wide general inter-perty never materialized. The pre- The London County Warminster and Parr's Bakcel in the subject. Late years have sent state of the market, and the

4

Central Bank la Formosa. Bank Notes assad Average amosalen. £5,000,000 BAANORES AND ADENCIES, JAPAN:-Takyo Yokohama. Eobe, Dears. FORMOSA 1--Uina, - Eag, Karako, Keelung. Makong, Nanso, Shishir, Telebu, Tainan, Takao, Tamel, Toun, Halo, Tellei

Hankey, kay, Foochoor, Iergial,

Bision, Dazion

Sabaya OTHERS ¿—Éseg. Kong, Bingapors," Batavia, 2 Bedbay.

Gatoria London, New York, Dalres.

LONDON BANKERSI

The Bank kas Corpondents in all the principal

Coral Certz throughout the world.

L MAQUBA

Kasager.

C. EL BENSON,

General Manager.

RONU KONU BRANCH:

3, De Vaz Food Central Hong Kong, 29th Janinez, 1800

THE BANK OF EAST ASIA, LTD.

Established 1918. HEAD OFFICE:

10,, Des Voeux Road, Central. HONG KONG

Capital and Surplus" ".. Total Resources

over IL$ 8,000,000.00 Tover HL.$30,000,000.00

Every description of Banking and Exchange business transacted.

Current and Fixed Deporit Accounts in local and for eign currencies opened for clients:

Savings Account and Bafe Deposit Boxes. Branches and Agencies all over the world.

KAN TONG PO,

Chief Manager.

shown signs of the growth of such depressed

situation of luxury

an interest, the Congress to which trades, has hastened the end. In we have referred being a very its time, the company has produced evident example. The work of our many remarkable stones; notably own Newcomen Society la another the Peace Ruby' which was sold for illustration. This society has pro- £27,500.

Throughout the period of the bably up to the present been con- corned with the collection of the company's existence, and for con- data of engineering history rather turies before, native miners have than with scientific history of the worked these fields, and this form typo we have referred to, but the of mining will still continue under most,uelentifle historian must have Government supervision. If there his facts and his outline on which is one thing bertein in this most to work, and the proceedings of the uncertain business, It is that as society are gradually building up a fine gems lis hidden in the Burma valuable collection of information Ruby Mines as ever came out of which is likely to prove of great them.

value to future workers, It le also So far, only the surface has been helping to create a wider interest scratched; and it will be centuries in the whole subject. This is a yet before these engimatical rocks work of cardinal Importance. It is cease to excite the cupidity of not only desirable, it necessary, for the future ordered progress of

man.

mankind";that?"wide and a more The first railway locomotive understanding Interest should be which crossed the Red river at Win taken in acientific matter by the nipeg 50-years ago is now a, centre educated world generally. En- of interesting one of the city st gineering.

this year,

I visited plantation last month, and am able to assure bond-holders that it is looking very well. 'Many of the trees are eight to nine feet high..

i

The position, as regards the Home Sales Maintained.

company's own affairs, is no better' A notable feature of the statistics than indicated in last report, but f the much greater percentage bondholders will no doubt feel decrease in the output of passenger gratified that the necessary main. compared with commercial tenance work was able to be done cars vehicles, the world production full-on the plantation this year. ing by 36.3 per cent. for the former and by 24.3 per cent. for the latter. manufacturers in 1930 compared figures for with those in other countries is The Unitell Kingdom commercial vehicles showed an in very gratifying and was no doubt creuae in 1930 of 18.2 per cent, due to the fact that, in spite of the while for passenger cars the reduc general trading setback, sales in the tlon was only 6.9 per cent.

home market, which absorbs the bulk of the output, were fully

The much more favourable pool- tion of the United Kingdom motor maintained.

Overland China

Mail.

A WHOLE WEEK'S NEWSPAPERS IN ONE.

The suspected presence of pirates aboard the British steamer Helikon caused the despatch of H.M. destroyer Stormcloud to the scene. The Helikon was overtaken when 140 miles from Hong Kong, and brought back under armed guard. The Police detained three people for further inter- rogation. The OVERLAND CHINA MAIL gives the details of the affair,

*

Further messages received: from the Commander of. H.M.S. Sepoy, engaged in searching for traces of the sunken steamer Kwonganng, lead to the bellef that the ship made à dash to shelter in the lee of Fuyan Island, arriving there on Sunday evening, August 9. The storm increased during the night, and the ship. was gone in the morning. Little wreckage has been found. It is certain that three Chinese survivors reached Foochow, whence they left by steamer for Shanghal. No confirmation is available of the report of the survival of any European. Full details are contained in the OVERLAND CHINA MAIL.

The overland CHINA MAIL also contains interest- ing official figures of imports and exports of the Colony for July, 1931, which show an increase over July, 1930.

# * *

A lengthy legal argument as to the rights of déportees in the Colony, and the powers of the Governor and Governor- In-Council to 'deal with them, aroused considerable public interest during the resumed hearings of an application by an Annamite, a confessed revolutionary, against a Deporta- The tion Order directing his return to Indo-China. OVERLAND CHINA, MAIL features full reports,

Details of the terrible floods on the Yangtaze, which have already caused 10,000 deaths, made 50,000 homeless, and plunged the country around into famine and chaos, are also given in the OVERLAND CHINA MAIL.

*

*

Included in the OVERLAND CHINA ŽIAIL is the outline

of a scheme, backed by the Rotary Club, to provide "lungs" for Victoria, in the shape of properly-equipped playgrounds; and also detalla as to the opening of the new trunk 'phone line between Hong Kong and Canton,

*

*

*

There is no phase of the life of the Colony or of Ching- that does not receive attention in the OVERLAND CHINA MAIL the weekly paper that YOU MUST ORDER NOW.

READY NOW,

Mail via Suez closes at 10.30 a.m., August 29.

and via Siberin at 6 p.m., August 28.

SINGLE COPY

.I!

25 Cente

[Bob on«kiem atrostaṛand at the bookstalli or you can'

ription to the alles—BLK. $13 por SEREM, $19 including postage bread. Hal-yearly

or quarterly perfeda pre rata.:- WINDHAM STREET-PHONE 29022,

"THE OVERLAND CHINA MAIL”

1